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There are two reasons why you should not procrastinate when you have found a great deal on a car that is in stock and for which you’ve been approved for finance. Firstly, whilst lenders don’t like to provide information regarding fraud, as it may alert the crooks out there as to how the latest frauds are working, fraud has increased, according to some insiders, at an alarming rate. As a result we are seeing Read more »

‘I don’t mind what it is, I’m after something that does the job but doesn’t cost a lot per month.’ Quite a common request that I receive and so I have a bit of a rummage around and find a Kia on a really good deal or maybe a Hyundai or a Chevrolet. Suddenly the customer has become a bit more of a snob than even he thought he was but are we right to dismiss some of these makes? Martin Ward of CAP test drives cars all Read more »

Lease rates will have to increase for some of the larger ‘gas guzzlers’ as a result of the new showroom tax. However, there are some winners. If your new car spits out less than 130 g/km of carbon dioxides then you will pay no showroom tax and low road fund licence (car tax). The highest showroom tax is £950 for vehicles throwing out over 255 g/km of carbon dioxides. Aimed at discouraging large environmentally Read more »

The new road fund licence rules come into force on the 1^st April. For some it is good news as those with low emission cars will see the cost of their RFL or road tax reduced, in some cases to zero, but a big row has broken out because drivers have to renew before the 1^st April to ensure that the car is taxed at all times but because the DVLA was having a cup of tea they couldn’t be arsed to change their computer Read more »

Dealers have not got the best reputations for being totally honest so we all make allowances when they make promises and commitments to our customers, in all good faith, and they let us down. But even our ‘allowances’ seem to be a little short of the mark of late as dealers get desperate to take orders. And to make matters worse we are back into the position of dealers making false promises regarding delivery of the Read more »

The new car market is in total confusion. As the extended scrappage scheme finally comes to an end I have predicted that the manufacturers will turn their attention to the fleet market and offer incentives to fleet buyers and leasing companies. Unfortunately experts don’t share my optimism, they feel that manufacturers will still be cautious and unlikely to offer more incentives than are already available with increased Read more »

From the 1^st April 2010 the new showroom tax is being introduced to severely penalise the most polluting cars. In addition the annual road fund licence (tax) increases also. In essence the showroom tax includes the first year’s road fund licence. The bandings run from A to M with A representing cars with CO2 emissions of less than 100 g/km with M representing cars emitting 265 g/km or more. For vehicles emitting Read more »

Small businesses are finding it more difficult to finance vehicles using their traditional and most popular methods of finance, HP, business loans and overdraft. It seems that more are now turning to leasing, according to Fleet News, as it is easier to arrange the finance, reduces the risk and spreads the funding around. Last year, according to the Finance and Leasing Association (FLA), financing new and used cars to Read more »

From the 1^st April 2010 the new showroom tax is being introduced to severely penalise the most polluting cars. In addition the annual road fund licence (tax) increases also. In essence the showroom tax includes the first year’s road fund licence. The bandings run from A to M with A representing cars with CO2 emissions of less than 100 g/km with M representing cars emitting 265 g/km or more. For vehicles emitting Read more »

There has been an upsurge in companies known as claims management companies who claim to rid you of credit card and loan debt by claiming that contracts are ‘unenforceable’. In an investigation the BBC found that some firms were claiming very high success rates as high as 93% but when pushed could not provide evidence of anything like that. They were also accused of using misleading statements by Read more »